DislikedI know there's some kind of catch this, and know nothing about automated trading systems.. I was wondering if you could comment on this, Magix Wtf is this? http://www.forexfactory.com/googletrader#87 Someone is saying this system cannot be used live? Why would that be?Ignored
From there, start to study a system called aribitrage.
It will take price movement from a fast broker, but take trades on a slower broker. The difference between these after spread is profit.
Because these type systems are considered explotation, even if you do find the perfect 2 brokers and even if they both have spreads that you can prosper from and even if you do set up a VPS in the building next to your broker, even if you do churn a profit, the broker won't let you withdraw the funds.
Again, on this, see the case at forexpeacearmy regarding fxopen.
Yeah, it looks neat, but already proven to not work, or not be paid if it did.
Pointless...
Commit the same time to almost any successful market strategy as he has to setting up this, you will be ahead, while he will still have 2 pockets full of empty.
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